Dakota Wealth Management Purchases 92 Shares of Capital One Financial Co. (NYSE:COF)

Dakota Wealth Management lifted its position in shares of Capital One Financial Co. (NYSE:COF) by 0.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,208 shares of the financial services provider’s stock after acquiring an additional 92 shares during the period. Dakota Wealth Management’s holdings in Capital One Financial were worth $7,368,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LRI Investments LLC purchased a new position in Capital One Financial in the 1st quarter worth about $25,000. Y.D. More Investments Ltd bought a new stake in shares of Capital One Financial in the second quarter worth approximately $28,000. Hobbs Group Advisors LLC purchased a new position in shares of Capital One Financial during the second quarter valued at approximately $29,000. Unique Wealth Strategies LLC bought a new position in Capital One Financial during the second quarter valued at approximately $36,000. Finally, Versant Capital Management Inc boosted its holdings in Capital One Financial by 391.5% in the second quarter. Versant Capital Management Inc now owns 290 shares of the financial services provider’s stock worth $40,000 after purchasing an additional 231 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on COF shares. Royal Bank of Canada reiterated a “sector perform” rating and set a $150.00 target price on shares of Capital One Financial in a research note on Thursday, July 25th. Evercore ISI lowered their target price on Capital One Financial from $166.00 to $163.00 and set an “in-line” rating on the stock in a report on Monday, October 7th. Bank of America raised their target price on Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a research report on Wednesday, July 24th. Citigroup began coverage on shares of Capital One Financial in a research report on Friday, September 20th. They set a “buy” rating and a $190.00 price target for the company. Finally, Barclays raised their price objective on shares of Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 8th. Twelve research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, Capital One Financial has a consensus rating of “Hold” and a consensus price target of $151.56.

Insider Activity

In related news, CEO Kevin S. Borgmann sold 61,532 shares of the firm’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the completion of the transaction, the chief executive officer now directly owns 40,934 shares of the company’s stock, valued at approximately $5,438,491.24. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, insider Frank G. LapradeIii sold 15,751 shares of the business’s stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $160.00, for a total value of $2,520,160.00. Following the sale, the insider now directly owns 44,711 shares in the company, valued at approximately $7,153,760. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Kevin S. Borgmann sold 61,532 shares of the stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total value of $8,175,141.52. Following the transaction, the chief executive officer now directly owns 40,934 shares of the company’s stock, valued at approximately $5,438,491.24. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

Capital One Financial Trading Down 0.7 %

Shares of COF stock opened at $153.19 on Friday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a fifty day simple moving average of $147.07 and a two-hundred day simple moving average of $142.68. The firm has a market capitalization of $58.24 billion, a PE ratio of 12.00, a PEG ratio of 1.22 and a beta of 1.44. Capital One Financial Co. has a 52-week low of $88.23 and a 52-week high of $160.45.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.28 by ($0.14). Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The business had revenue of $9.51 billion for the quarter, compared to analysts’ expectations of $9.57 billion. During the same quarter in the prior year, the business posted $3.52 EPS. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. On average, analysts predict that Capital One Financial Co. will post 12.87 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 12th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date was Monday, August 12th. Capital One Financial’s dividend payout ratio (DPR) is currently 18.79%.

Capital One Financial Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.